Blockchain Is Key to Future ‘Hyperconnected Economy’ Say Researchers

Blockchain Is Key to Future '' Hyperconnected Economy,' ' State Researchers

By ADRIAN ZMUDZINSKI

According to a report by market research study company HFS Research, blockchain technology will play a definitive function in establishing the future “& ldquo; hyperconnected economy.

& rdquo; A report excerpt just recently launched by HFS for Big Four auditing EY recommends that “& ldquo; we are hurtling towards a hyperconnected economy, and blockchain will provide the method to make it occur.”& rdquo;

SeamanDan.

The report discusses that entire ecosystems are being developed throughout the services used by different companies. These functions include its capability to drive dispersed information sharing, consensus-driven trust cuts, immutability, security guaranteed by data hashing, smart agreements and the flexibility of being able to use permissioned (handled) or permissionless (open) systems.

& rdquo;

The report describes that entire ecosystems are being developed throughout the services provided by various companies. These functions include its capability to drive dispersed data sharing, consensus-driven trust cuts, immutability, security ensured by data hashing, wise contracts and the versatility of being able to use permissioned (handled) or permissionless (open) systems.